Indefinite Delivery Contract 2031JG20D00005

Award Date 4/27/20
Last Date to Order 3/30/40
Federal Agency
United States Mint
Ultimate Awardee
Not listed
Federal Contract Vehicle
Pricing Type
Firm Fixed Price
Legislative Mandate
Not listed
National Interest Action
None
Award Type
Single
Primary Consortia Member
Not listed
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This single-award Indefinite Delivery Contract was awarded by the Department of the Treasury United States Mint on April 27, 2020 to Manfra, Tordella & Brookes, LLC. The potential value of the contract is $10 billion.

The contract provides for the purchase of gold bullion bars with no set-aside used. It serves as a basic ordering agreement under which the Mint can place orders for gold bullion bars from Manfra, Tordella & Brookes through March 30, 2040 to meet its needs for minting and other programs requiring gold reserves. As the sole producer of coins for general circulation in the United States, the Mint uses gold and other precious metals to mint commemorative coins and maintain national reserves.

The contract aims to establish a long-term supply of gold bullion for the Mint's coin production and reserves management activities through March 2040. Manfra, Tordella & Brookes will provide gold bars as specified by the Mint on individual delivery orders issued against the basic agreement. Given the Mint's role in circulating coins and maintaining national reserves, this contract ensures a reliable source of gold to support those critical government functions over the next 20 years.

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